Laureate Education Agrees to $3.8-Billion Buyout by Private Investors

By GOLDIE BLUMENSTYK

Laureate Education Inc., which operates a network of 24 universities overseas and the all-online Walden University, has agreed to be acquired for $3.8-billion by a group of private investors led by the company's chief executive and chairman, Douglas L. Becker.

The deal, if completed as announced...